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economy. those are big military towns. he wants to talk about infrastructure in what he talks about in the state of the union address. note that most of these markets are about military presence, so he wants potential questions about furloughs. white house is calling it a fix it first policy. the president will also revise his call for a private partnership to attract financing. third part of the plan calls for cutting red tape to get permits. >> if we upgrade our infrastructure, that'll bring even more jobs, and that's the attitude of a lot of companies all around the world. and i know you want these job-creating projects in your districts. i've seen those ribbon cuttings. all of this is designed to turn up the pressure on republicans by pushing budget consequences into share backyards. >> border patrol agents will see their hours reduced. fbi agents will be furloughed. federal prosecutors will have to close cases and let criminals go. air traffic controllers and airport security will see cut
economy. those are big military towns. he wants to talk about infrastructure in what he talks about in the state of the union address. note that most of these markets are about military presence, so he wants potential questions about furloughs. white house is calling it a fix it first policy. the president will also revise his call for a private partnership to attract financing. third part of the plan calls for cutting red tape to get permits. >> if we upgrade our infrastructure, that'll...
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Feb 19, 2013
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they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not an abstraction. people will lose their jobs. the unemployment rate might tick up again. >> that was president obama speaking moments ago, putting the pressure on congress to avert the sequester. budget cuts which are set to take effect in just a matter of days, coming up on march the 1st. the first round. senate minority leader mitch mcconnoll saying president obama still prefers campaign events to common sense bipartisan action. the president made those short remarks moments ago and once again using the bully pulpit to call for action surrounding himself by first responders and his remarks on the same day of a political report, "obama, the puppet master." it's great to have all three of you here with me this morning. quoting from this politico article. the balance of power used used to be much more in the favor of the mainstream press. saying nowadays he said the white house gets away with stuff i
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not an abstraction. people will lose their jobs. the unemployment rate might tick up again. >> that was president obama speaking moments ago, putting the pressure on congress to avert the sequester. budget cuts which are set to take effect in just a matter of days, coming up on march the 1st. the first round. senate minority leader mitch mcconnoll saying president obama still...
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continued his plea to the public and to congress saying that this is going to be devastating for the economy, he wants congress to act and it comes one day after a bipartisan commission released a new plan that would detail $2.4 trillion cuts over 12 years. mara? >> thank you. >>> we'll have more on those budget cuts and other political stories later in the show. >>> he was being considered for a big show, but now general john allen has announced that he's retired. he completed 19 months as top commander in afghanistan, instead of taking the new job, he'll retire to help his wife deal with health issues. here's your "first look" at the dish of scrambled politics americans still don't like congress very much. 15% approve of the job that the lawmakers are doing, up one point from last month. >>> deanny hoyer said that the 2016 presidential race is easy to predict, if hillary clinton decides to win, she'll clear the field. >>> tea party group has apologized for sending out a e-mail that was photo shopped to make karl rove look like a nazi to help raise funds. >>> choosing candy crowley to moder
continued his plea to the public and to congress saying that this is going to be devastating for the economy, he wants congress to act and it comes one day after a bipartisan commission released a new plan that would detail $2.4 trillion cuts over 12 years. mara? >> thank you. >>> we'll have more on those budget cuts and other political stories later in the show. >>> he was being considered for a big show, but now general john allen has announced that he's retired. he...
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spending at a time when the economy is already too weak as far as i'm concerned. so this is exactly the opposite of what we ought to be doing. >> ezra there is a new simpson-bowles plan out today, of sorts. you talked to erskine bowles today, what is their approach? >> it is really striking, the simpson-bowles one had more tax increases than president obama ever called for. if you did it now, jared's organize has done great work showing it. if you put it into place now we would raise taxes, not by $650 billion as we did in the fiscal cliff deal. we would raise it by 2 trillion, the new simpson-bowles plan because that is sort of off the table, they cut the tax to $1.3 trillion, so it went way, way to the far right on taxes, to be fair that is where president obama is currently is. but to be fair while they say they split the taxes between president obama and john boehner, they actually increased what boehner was asking for. in the final element of the fiscal deal boehner asked for including savings in interest, 1.2, the new simpson-bowles includes $1.7 in spending
spending at a time when the economy is already too weak as far as i'm concerned. so this is exactly the opposite of what we ought to be doing. >> ezra there is a new simpson-bowles plan out today, of sorts. you talked to erskine bowles today, what is their approach? >> it is really striking, the simpson-bowles one had more tax increases than president obama ever called for. if you did it now, jared's organize has done great work showing it. if you put it into place now we would...
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economists say the rapid increase poses a threat to our fragile economy. joining me now oil industry analyst cnbc contributor john killbuck, thanks for joining me. >> good to be here. >> i heard it's be the blend. we're getting ready to switch to the summer blend and this is why. is that a legitimate reason here? >> you know, normally in past years it would. there's a certain time of year where that's happening. but what's really happening here, the refining industry is doing what the airline industry is doing and that's reducing capacity really massively. we lost over a million barrels of refining capacity just to shutdowns over the last year now. >> why would they voluntarily do these shutdowns? >> believe it or not, they weren't making enough money for themselves and they decided to get out of the business. i'm fearful normally i can tell you why, it has to deal with cutbacks by opec. war issues. this time, it may be different. this time we may not see the price break in coming months that i'd expect to happen because of demand at the pump. with the ref
economists say the rapid increase poses a threat to our fragile economy. joining me now oil industry analyst cnbc contributor john killbuck, thanks for joining me. >> good to be here. >> i heard it's be the blend. we're getting ready to switch to the summer blend and this is why. is that a legitimate reason here? >> you know, normally in past years it would. there's a certain time of year where that's happening. but what's really happening here, the refining industry is doing...
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analysts say the reasons are many, china is demanding more and more every day to power their growing economy, just as opec cut their output, and here at home, refineries are shutting down for maintenance as they prepare to switch to a summer blend. then market speculation and a weaker dollar play a role. >> we have to work, we keep coming to work every day. you have to put gas in your car to come to work. >> reporter: 43 cents in a month. >> that was nbc's tom costello. >>> after a weekend, the president and staffers will be back at work this morning, but with only ten days to prevent the automatic spending cuts, one group will be absent. >> reporter: good morning, congress is away all week on recess, now strategists say they will make calls and try to come up with alternative savings. but voters here at the capitol say that is not good enough. president obama is back at the white house after a weekend golfing in florida. but congress is still away on recess, taking a break announced monday. voters in the capitol are upset that they actually went home. >> i would be hard at work. >> reporter
analysts say the reasons are many, china is demanding more and more every day to power their growing economy, just as opec cut their output, and here at home, refineries are shutting down for maintenance as they prepare to switch to a summer blend. then market speculation and a weaker dollar play a role. >> we have to work, we keep coming to work every day. you have to put gas in your car to come to work. >> reporter: 43 cents in a month. >> that was nbc's tom costello....
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Feb 20, 2013
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they will hurt our economy. they will add hundreds of thousands of americans to the unemployment roles. this is not an abstraction. people will lose their jobs. >> people standing with the president today are among those who will directly impacted by congress if they refuse to act. >> emergency responders, like the ones who are here today, their ability to help communities respond to and recover from disasters will be degraded. border patrol agents will see their hours reduced. fbi agents will be furloughed. federal prosecutors will have to close cases and let criminals go. air traffic controllers and airport security will see cutbacks, which means more delays at airports across the country. >> and it doesn't stop there. we're talking thousands of teachers who are going to be laid off across america. there will be cuts to primary health care for hundreds of thousands of americans. preventative care, like cancer screenings are also going to be hit and taken off the list. i mean cuts to the military are also going
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment roles. this is not an abstraction. people will lose their jobs. >> people standing with the president today are among those who will directly impacted by congress if they refuse to act. >> emergency responders, like the ones who are here today, their ability to help communities respond to and recover from disasters will be degraded. border patrol agents will see their hours reduced. fbi...
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Feb 21, 2013
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they'll hurt our economy. they'll raise the unemployment rate, and the reason is because congress has not been able to compromise on a deficit reduction package that's more sensible. >> joining me now michelle ber in order, democratic strategyist, patty doyle, and my nbc colleague at the white house, kristen walker. welcome all. kristen, i want to put up the map of, we'll show you everybody where the president spoke yesterday in these local interviews, from boston. there was definitely a pattern here, honolulu, big military town. they clearly believe this p.r. strategy's going to work even because they say it worked the last time, right? >> right. that is the strategy, to put public pressure on congress to get something done, but at this point in time, it doesn't seem like it's working. right, not scheduling meetings, haven't had any read-outs of any meetings, trying to get a sense of if that's going to come. doesn't seem like the president's going to be picking up the phone at this point in time. it does seem
they'll hurt our economy. they'll raise the unemployment rate, and the reason is because congress has not been able to compromise on a deficit reduction package that's more sensible. >> joining me now michelle ber in order, democratic strategyist, patty doyle, and my nbc colleague at the white house, kristen walker. welcome all. kristen, i want to put up the map of, we'll show you everybody where the president spoke yesterday in these local interviews, from boston. there was definitely a...
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i think it's hurting the economy. your thoughts. >> absolutely hurting the economy. what people want in business and family life is some stability. they want the ability to plan. they want to know what are my taxes going to be. they want to know, you know, am i going to have a job. am i going to be laid off. and all they want is some solidity to plan with. when we go through these crises, it's incredibly destructive. >> do you think the right wing people know when they're sitting in their chairs voting no, no, no, bringing one manufactured crisis to bear after another that they're just happy when they pick up the paper and say public confidence going down. that's good for our party. >> we know that grover norquist starving the beast of resources. now they're starving the beast of credibility. they're starving the beast of the federal government with any public confidence that it can actually solve problems. this is part of the destruction of our federal government. they would be delighted if people lost confidence in the government and if they could further tear it d
i think it's hurting the economy. your thoughts. >> absolutely hurting the economy. what people want in business and family life is some stability. they want the ability to plan. they want to know what are my taxes going to be. they want to know, you know, am i going to have a job. am i going to be laid off. and all they want is some solidity to plan with. when we go through these crises, it's incredibly destructive. >> do you think the right wing people know when they're sitting in...
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Feb 22, 2013
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. >> that's what the economy said, herman. >> those that are wrong economists. >> please be reasonable. >> it makes me ashamed. >> vent your anger but be alone when you do it. ♪ have you heard about the new dance criaze ♪ li . >> it is seven days to austerity, to a potential economic apock lips when $85 billion will be slashed from the federal government and eventually it will affect all of us from the food we eat to the flights we take to the nation's national security. all of it could come apart unless republicans find a way to compromise on sequestration. it's a message the president reiterated this afternoon while meeting with japan's prime minister. >> this should be a no-brainer, and let me just point out that the overall impact to the economy will be to slow down the recovery. >> the comments came after transportation secretary ray lahood visited the white house briefing room this morning and explained in no uncertain terms how these cuts will affect the average american. he detailed not only the delays that travelers within the united states can expect, but also how republi
. >> that's what the economy said, herman. >> those that are wrong economists. >> please be reasonable. >> it makes me ashamed. >> vent your anger but be alone when you do it. ♪ have you heard about the new dance criaze ♪ li . >> it is seven days to austerity, to a potential economic apock lips when $85 billion will be slashed from the federal government and eventually it will affect all of us from the food we eat to the flights we take to the nation's...
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does it really affect the economy? does it affect jobs? we already know a lot of contractors are not hiring or getting rid of people because they're not going to have as much money coming in from contracts they had with the government. if that stuff starts to hit home in the districts, maybe it bubbles up and it puts pressure on these members, but quite frankly, they felt that pressure for several weeks, several months now because people have been talking about sequestration for some time, and they haven't done anything. i'm not optimistic that they'll undo sec restoration. >> thanks very much. >> take care. >> coming up next, more on simpson-bowles and what retirees in florida will have to say about it. debbie wasserman-schultz, and then the big bang theory. michelle obama reveals to rachel ray the real reason behind her stylish new ' do. >> this is my midlife crisis, the bangs. i couldn't get a sports car. they won't let me bungee jump. instead i cut my bangs. with unitedhealthcare, i get personalized information and rewards for addressi
does it really affect the economy? does it affect jobs? we already know a lot of contractors are not hiring or getting rid of people because they're not going to have as much money coming in from contracts they had with the government. if that stuff starts to hit home in the districts, maybe it bubbles up and it puts pressure on these members, but quite frankly, they felt that pressure for several weeks, several months now because people have been talking about sequestration for some time, and...
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it will be horrible for the economy. it will impact a lot of people. just outside my district but certainly affecting my district is fort knox, 5,000 civilian employees of the u.s. army. there will be substantial furloughs and possibly layoffs there if the sequester were in effect for any length of time. so we've got a few days to act. i think we could actually come up with something that just delays the sequester until march 27th. then we would have four weeks in session. we'll all be back for four consecutive weeks to figure out how to fund the government for the rest of the year. because it's -- none of it's going to make any difference after march 27th because the government runs out of money then. >> all right. so you're saying push it off just a little bit further after you get back into a legislative session but as we look at what john boehner has responded by putting out a couple tweets this morning roughly right before we went on the air, talking about where the president has been saying president obama is virtually absent from legislative pro
it will be horrible for the economy. it will impact a lot of people. just outside my district but certainly affecting my district is fort knox, 5,000 civilian employees of the u.s. army. there will be substantial furloughs and possibly layoffs there if the sequester were in effect for any length of time. so we've got a few days to act. i think we could actually come up with something that just delays the sequester until march 27th. then we would have four weeks in session. we'll all be back for...
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they will hurt our economy. they will add hundreds of thousands of americans to the unemployment roles. this is not an abstraction. people will lose their jobs. >> president used today's appearance with a group of first responders to explain what these cuts would mean to the life of an average american family. cuts to airport security. thousands of teachers laid off. hundreds of thousands denied primary and preventative medical care. and if these cuts do go into effect, the president made sure that everyone would know it was republicans fanaticism over taxes that will be to blame. >> and so far at least what they have expressed is a preference where they'd rather have these cuts go into effect than close a single tax loophole for the wealthiest americans. not one. >> and it didn't take long for the gop response. in fact, it didn't take any time at all. senator mitch mcconnell's reaction arrived in my inbox before the president finished speaking. today's event at the white house proves once again that more than t
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment roles. this is not an abstraction. people will lose their jobs. >> president used today's appearance with a group of first responders to explain what these cuts would mean to the life of an average american family. cuts to airport security. thousands of teachers laid off. hundreds of thousands denied primary and preventative medical care. and if these cuts do go into effect, the president made...
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Feb 23, 2013
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secondly, our economy needs workers, we are in a global battle for capital and labor. and if we're going to have economic growth, which is the thing we need the most in this country today. if we're going to have economic growth after a deep recession and a very, very flat recovery, we need this labor. we not only need the high skill h-1 b labor in the technology world and science world that you hear so much about. we need agriculture labor, we need low-skill labor. and so if we want to see our economy grow we not only have to be more productive we have to have a larger work force. and our work force is not growing fast enough for us to have the kind of growth that we have you got. hundreds of thousands if not millions of jobs in america that are sitting here empty today, because there is nobody to do the jobs. some of those highly skilled, some of them not. >> governor rendell -- >> that is why this agreement, the agreement is so important, because we're not going to make this work economically for the country without a reasonable and responsible guest worker program.
secondly, our economy needs workers, we are in a global battle for capital and labor. and if we're going to have economic growth, which is the thing we need the most in this country today. if we're going to have economic growth after a deep recession and a very, very flat recovery, we need this labor. we not only need the high skill h-1 b labor in the technology world and science world that you hear so much about. we need agriculture labor, we need low-skill labor. and so if we want to see our...
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the economy is growing. the president has indicated we have an opportunity for innovation and growth. and i believe that that is our pathway forward. if the speaker does not want to come back to the table of compromise and address how we can both bring down the debt and grow the economy, then all we're going to be facing is a recession. >> sure. >> and that seems to be what their direction is, that they're willing to slash and burn as opposed to finding the right pathway of securing revenue which we have attempted to do and balance and bring down the deficit. and they won't do anything with revenue. nothing at all. >> john garamendi, what is the sense of urgency here? what are you doing on vacation? >> well, we've been told not to be in congress. speaker boehner controls the agenda, controls the calendar for the house of representatives and he sent us home. democrats, i think all of us today voted not to go home, but rather to stay and work next week. and he said no. >> all right. president obama was in chic
the economy is growing. the president has indicated we have an opportunity for innovation and growth. and i believe that that is our pathway forward. if the speaker does not want to come back to the table of compromise and address how we can both bring down the debt and grow the economy, then all we're going to be facing is a recession. >> sure. >> and that seems to be what their direction is, that they're willing to slash and burn as opposed to finding the right pathway of securing...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> everybody hates the sequester, so why can't we get rid of it? neera tanden is back with us and joining us is william black, steve ellis, vice president of taxpayers for common sense and phyllis bennis. taxpayers for common sense has done -- it's like the hot new thing in washington, coming up with sequestration alternatives. there's been some stuff from the center of american progress on that. taxpayers for common sense put out a fairly detailed plan, some of which i think is quite good. even as a liberal ike there's a lot of places of corporate welfare you guys went after. but why even have it? before we get to that, i feel like the terms of the debate have been artificially constructed around the need to cut and t
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> everybody hates the sequester, so why can't we get rid of it? neera tanden is back with us and joining us is william black, steve ellis, vice...
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bargaining table and say how are we going to stabilize our debt so it isn't growing faster than our economy can grow. that means entitlement reform. it means tax reform. everybody knows that. and we've got to get back to it. >> the president said that he's in favor of entitlement reform. he has been specific about dealing with medicare and some aspects of retirement, but has he been specific enough? i'm going to ask you about taxes in a minute, but from the president and the white house's perspective, as he put enough out there on the table to reel in the republicans and get them to negotiate seriously? >> well, i hope so. he's put some things on the table that his own troops didn't like, which is absolutely necessary. he had to do that to show that he was serious. one thing is the reform of the consumer price index, which is really a technical adjustment, but it would mean slightly lower social security benefits and other benefits going forward. now, you could offset that with other changes in the law, but it is the right thing to do. and his own troops were kind of unhappy about that, but
bargaining table and say how are we going to stabilize our debt so it isn't growing faster than our economy can grow. that means entitlement reform. it means tax reform. everybody knows that. and we've got to get back to it. >> the president said that he's in favor of entitlement reform. he has been specific about dealing with medicare and some aspects of retirement, but has he been specific enough? i'm going to ask you about taxes in a minute, but from the president and the white house's...
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's is ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu. ♪ >>> some headlines making news out on the west coast, "the los angeles times" has an article titled "police, others expand use of drones" about how federal authorities are stepping up efforts to license surveillance aircraft for law enforcement and other uses. it's spurring growing concern about violations of privacy. the faa estimates that once the nation's airspace is open to drone traffic, 10,000 of the aircraft could be in the air by 2020. >>> and the salt lake tribune has this headline, having a baby, wait for good air. it's about utah's poor air quality during the winter months and how it affects pregnancy. new research links air pollution to negative b
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's is ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu. ♪ >>> some headlines making news out on the west coast, "the los angeles times"...
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Feb 23, 2013
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michael gerschwin wrote, romney lost by 5 million boats presiding onover an anemic economy. it is p there is a wing message for a winning nation that no longer exist. you have to start with this joy. winning is a well-crafted sentence. a winning message for a nation and by the way, in all fairness, they didn't know it existed. until the day after the election. as i sit around, 9:00 at night, when we all saw virginia looking close, whoa. what's going on? looks like a new country is voting here. they are still playing in old country. >> yeah, absolutely. like they didn't get the message in 2008. i think a lot of people thought the message in 2008 was a fluke. >> did you worry that it was? >> actually, no. i thought barack obama was is going to win, to be honest with you. i didn't. if you look at trajectory of the minority share of the electorate, it's been growing by a pretty consistent 2% every four years. if you look at the electorate when bill clinton got elected, and ronald reagan got elected, they use this to bring up their base and maximize their vote. they use the far r
michael gerschwin wrote, romney lost by 5 million boats presiding onover an anemic economy. it is p there is a wing message for a winning nation that no longer exist. you have to start with this joy. winning is a well-crafted sentence. a winning message for a nation and by the way, in all fairness, they didn't know it existed. until the day after the election. as i sit around, 9:00 at night, when we all saw virginia looking close, whoa. what's going on? looks like a new country is voting here....
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's is ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu. ♪ some brokerage firms are. but way too many aren't. why? because selling their funds makes them more money. which makes you wonder -- isn't that a conflict? search "proprietary mutual funds." yikes! then go to e-trade. we've got over 8,000 mutual funds, and not one of them has our name on it. we're in the business of finding the right investments for you. e-trade. less for us. more for you. the fund's prospectus contains its investment objectives, risks, charges, expenses, and other important information and should be read and considered carefully before investing. for a current prospectus, visit etrade.com/mutualfunds. >>> this is going to be fun. back to "ha
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's is ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu. ♪ some brokerage firms are. but way too many aren't. why? because selling their funds makes them...
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Feb 22, 2013
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both for macroeconomic reasons, it's bad for the economy if you don't have spending power. and for fairness. because of wages you can't go to clinton. newt gingrich likes to win things. it has been a while since he has but it was at that point still >> in 2007 the democrats were in control of congress. the model was 1996 when you had a democratic president and big clinton. newt gingrich likes to win things. it has been a while since he has but it was at that point still on a roll. you had dick armey who was the majority leader who was dead set against it. but the republicans gave into reality for some of the republicans, but the sort of more traditional conservatives, they keep telling people to go to work. we don't want the 47%. how do you turn around and say yes, people should go to work but shouldn't make enough money to live on. this is a subset of the most interesting dynamic in the world today. as i said, will the meanies beat the crazies? >> we are routing for the meanies. overall, are there numbers where the poling becomes so overwhelming? i'm thinking about it on t
both for macroeconomic reasons, it's bad for the economy if you don't have spending power. and for fairness. because of wages you can't go to clinton. newt gingrich likes to win things. it has been a while since he has but it was at that point still >> in 2007 the democrats were in control of congress. the model was 1996 when you had a democratic president and big clinton. newt gingrich likes to win things. it has been a while since he has but it was at that point still on a roll. you had...
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Feb 18, 2013
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but we're going to see this reflect in the markets and see this reflect in the economy if this does happen, and then you're going to have more finger-pointing. >> mark, your fix-a-debt, are they going to come down hard on congress, even if it's the republicans, if they believe the republicans are walking away from a deal? >> we should be pushing both sides for a deal because it's going to take both sides to get the deal done. but when tom friedman in the new york times and the washington post says had the $1.5 trillion that the president is talking about is not enough, is really isn't tax reform. so i think you're seeing a growing crescendo and this will crowd it every issue if we don't address it. >> you heard the white house say this weekend, when denis mcdonough went out and said you cannot raise the age in medicare because it's a cost-shifting not a cost-saver. >> that's because, if you raise it to 67, the 65-year-olds, many of them are healthy, medicare isn't spending a lot of money on them. if you move up to 67, you're ending up having to, you're not seeing a lot of saving in revenue
but we're going to see this reflect in the markets and see this reflect in the economy if this does happen, and then you're going to have more finger-pointing. >> mark, your fix-a-debt, are they going to come down hard on congress, even if it's the republicans, if they believe the republicans are walking away from a deal? >> we should be pushing both sides for a deal because it's going to take both sides to get the deal done. but when tom friedman in the new york times and the...
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Feb 21, 2013
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is walmart the new barometer on our economy? and new insight in to the oscar pistorius murder case. a professor estimates less than 10% of murder cases in south africa end in conviction. this looeding professor will join us to discuss the latest developments, including the incredible turn of events that went down this morning. five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. it's healthier, ammonia-free. and with aloe, vitamin e, and coconut oil, my hair looks healthier than before i colored. i switched. you should too, to natural instincts.
is walmart the new barometer on our economy? and new insight in to the oscar pistorius murder case. a professor estimates less than 10% of murder cases in south africa end in conviction. this looeding professor will join us to discuss the latest developments, including the incredible turn of events that went down this morning. five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk...
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Feb 19, 2013
02/13
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if you combine that with health care, saving the economy, i think that would be big -- >> and also -- >> he's done equality, doma, getting rid of that, getting rid of the don't ask don't tell, pushing towards pretty much equality in marriage all the way, almost there, and then health care, of course, historic because every democrat since truman -- since roosevelt has been trying to do it. >> he grades himself on a tough curve. i remember when i visited him in his senate office years ago. the pictures he had on the wall were gandhi, lincoln, muhammad ali, and thurgood marshall. >> where was hannibal? >> hannibal wasn't there. but thurgood marshall was there, ali was there, gandhi was there, lincoln was there. that's the way he thinks of himself, and i think he's going to strive very hard to reach those goals that joy talked about. also more prosaically, he's got to make sure health care gets properly implemented. because if it doesn't -- and it's moving in his direction. >> right. >> and he plays -- you know, he's patient. one of the things about this president he'll always be known fo
if you combine that with health care, saving the economy, i think that would be big -- >> and also -- >> he's done equality, doma, getting rid of that, getting rid of the don't ask don't tell, pushing towards pretty much equality in marriage all the way, almost there, and then health care, of course, historic because every democrat since truman -- since roosevelt has been trying to do it. >> he grades himself on a tough curve. i remember when i visited him in his senate office...
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Feb 23, 2013
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it's hanging over the economy. and you say like the airplane we are flying is going down and we're taking a break to watch the in-flight movie. so what are you talking about? is this sort of a lack of urgency from both sides? because there's no incentive for democrats nor republicans to cut a deal here? >> i am not saying that at all, alex. i'm saying that the house leadership on the republican side, which controls the schedule, controls the calendar, they have every power to bring us back to d.c., to go back to our desks on the floor of the house and work out the problem. with ten days to go before the ridiculous sequester takes place, we don't get called back to washington. instead, we have what we call a district work week scheduled. in other words, people are working on things other than averting this sequester. i think it's ridiculous. i think that even to see the republican house leadership working hardest on blaming president obama for the sequester is foolish. what we have is speaker boehner making posters
it's hanging over the economy. and you say like the airplane we are flying is going down and we're taking a break to watch the in-flight movie. so what are you talking about? is this sort of a lack of urgency from both sides? because there's no incentive for democrats nor republicans to cut a deal here? >> i am not saying that at all, alex. i'm saying that the house leadership on the republican side, which controls the schedule, controls the calendar, they have every power to bring us...
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Feb 22, 2013
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republican nominee mitt romney lost by 5 million votes to a beatable incumbent presiding over an anemic economy. the explanation is not purely technical or personalality oriented at the national level. republicans have a winning message for a nation that no longer exists. you got to start with this, joy. it's a well-crafted sentence. they have a winning message for a nation that no longer exists. in all fairness, they didn't know it existed until the day after the election, sometime around 9:00 at night when we all saw virginia looking close. what he, goes og on? it looks like a new country is voting here. they're still playing to the old country. >> it's like they didn't get the message in 2008. a lot of people on the right thought 2008 was basically a fluke, but what they have missed is the mi nofert -- >> didn't you worry it was? >> actually, no, i thought barack obama was going to win to be honest with you. i didn't. because the thing is if you look at the trajectory of the minority share of the electorate, it's been growing by a pretty consistent 2% every four years. so if you look at the
republican nominee mitt romney lost by 5 million votes to a beatable incumbent presiding over an anemic economy. the explanation is not purely technical or personalality oriented at the national level. republicans have a winning message for a nation that no longer exists. you got to start with this, joy. it's a well-crafted sentence. they have a winning message for a nation that no longer exists. in all fairness, they didn't know it existed until the day after the election, sometime around 9:00...
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Feb 18, 2013
02/13
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it's things that immediately matter like what's happening with the economy. i have no idea what bobby jindal is doing but he's a little off base here. >> that's a fair condemnation. jonathan, paul ryan says he truly, honestly doesn't any if he's going to run for president in 2016. if that's the case though, then maybe he should tell his friends because one of them recently told politico and i'm quoting that ryan has no interest in the sheer grind of campaigning. it's hard to see him having what it takes. jonathan, if that's how his friends are talking about him now, what will his enemies say if mr. ryan does decide to throw his hat in the ring? >> well, they will say much worse, but if all the people we've been talking about as potential candidates, paul ryan is the one that has a legitimate claim to run. he's young, very smart, has his budget plan that's been passed twice and ignored an equal number of times. >> and derided by virtually every economist who says the math doesn't add up but now he's going to reduce the deficit and achievements not in 30 but in
it's things that immediately matter like what's happening with the economy. i have no idea what bobby jindal is doing but he's a little off base here. >> that's a fair condemnation. jonathan, paul ryan says he truly, honestly doesn't any if he's going to run for president in 2016. if that's the case though, then maybe he should tell his friends because one of them recently told politico and i'm quoting that ryan has no interest in the sheer grind of campaigning. it's hard to see him...
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Feb 20, 2013
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> we are one week away from the first national election since the presidential race. at least the first federal election since the presidential race. and we have news to report about that race. it's for congressman jesse jackson jr.'s old seat in illinois, which he resigned. it's a heavily democratic district. whoever wins the democratic primary a week from tonight is widely expected to win the seat. that's why at the outset, 17 different democrats said they would like a chance at this one. 17. however, over the weekend that primary field got less crowded in a significant way when illinois state senator toi hutchinson, one of the front-runners, dropped out of the race. the important context here is this. new york city
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> we are one week away from the first national election since the presidential race. at least the first federal election since the presidential...
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Feb 21, 2013
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the economy's upside down down right now. we're in negative growth this last quarter. >> it's really a bad idea right now to do this thing. and also as they were saying, it's deliberately written i guess to make it ridiculous so that you can't say let's take out one of our stupid tank programs we don't need. you can't do that. >> but that doesn't seem to be inspiring action. i mean, i asked what are they -- what's the alternative? i'm sure that they've been working with members of congress to come up with an alternative to this. i didn't -- i hear, oh, there should be one. >> yeah. >> but i don't hear any. >> well, i've got to say," you know, a lot of people, mike barnicle, attacked the president and congress for not working together, but they did come up with a plan that would have been remarkably stupid to an act as a worst-case scenario, and they worked together to create that fail safe plan and they're going to implement it. >> but the part that i don't understand, mike, you talk about the republicans saying, well, this t
the economy's upside down down right now. we're in negative growth this last quarter. >> it's really a bad idea right now to do this thing. and also as they were saying, it's deliberately written i guess to make it ridiculous so that you can't say let's take out one of our stupid tank programs we don't need. you can't do that. >> but that doesn't seem to be inspiring action. i mean, i asked what are they -- what's the alternative? i'm sure that they've been working with members of...
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Feb 20, 2013
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sure, let's run up the markets. >> they're looking at the economy and seeing a strong economy. >> and they used to be scared by washington. up next. >> republican's going to be the same think. >> up next, the student loan controversy. business before the bell with brian sullivan. we're going to be right back. none of us would want to be told we can't marry the person we love. that's why a growing majority of americans believe it's time to allow marriage for gay and lesbian couples. laura bush: when couples are committed they ought to have i think the same sort of rights that everyone has. colin powell: allowing them to live together with the protection of law, it seems to me is the way we should be moving in this country. dick cheney: freedom means freedom for everyone. barack obama: our journey is not complete until our gay brothers and sisters are treated like anyone else under the law. it's time for marriage. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activate
sure, let's run up the markets. >> they're looking at the economy and seeing a strong economy. >> and they used to be scared by washington. up next. >> republican's going to be the same think. >> up next, the student loan controversy. business before the bell with brian sullivan. we're going to be right back. none of us would want to be told we can't marry the person we love. that's why a growing majority of americans believe it's time to allow marriage for gay and...
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Feb 17, 2013
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's is ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu. ♪ if we took the nissan altima and reimagined nearly everything in it? gave it greater horsepower and class-leading 38 mpg highway... advanced headlights... and zero gravity seats? yeah, that would be cool. introducing the completely reimagined nissan altima. it's our most innovative altima ever. nissan. innovation that excites. ♪ nissan. innovation that excites. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's is ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu. ♪ if we took the nissan altima and reimagined nearly everything in it? gave it greater horsepower...
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Feb 16, 2013
02/13
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they know that cuts that deep in reality would hurt the economy. if mitt romney were president, they would not be taking that position, i bet you dollars to doughnuts and they would be extending the deficit out just like they are crying that the democrats are doing now. so -- >> so why make that their position? >> why make that your position you now? >> well, because it's politically easy for them to do it. if they had the responsibility of governing and of running the economy, there's no way they would be saying let's balance the budget with cuts only in ten years. they know that was an economic loser. >> daily beast, newsweek, good to see you sir, thank you. >> my pleasure. >> immigration issues, tea party loyalists and the bushes in the backdrop, all roads right now seem to lead to texas in a politico story friday it was written, when it comes to politics, boelth present day battles and future trends, ground zero, the fastest growing of the states, texas. why are things heating up in texas right now? joining me, newly elected democratic congress
they know that cuts that deep in reality would hurt the economy. if mitt romney were president, they would not be taking that position, i bet you dollars to doughnuts and they would be extending the deficit out just like they are crying that the democrats are doing now. so -- >> so why make that their position? >> why make that your position you now? >> well, because it's politically easy for them to do it. if they had the responsibility of governing and of running the...
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Feb 19, 2013
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economy and focus on pursuing guilty pleas for those who break the law instead of settling for fines and reforms. the lawyers say they're already making changes to their defense strategies. >>> the washingt"washington pos united arab emirates spreading gifts throughout the world. it gave 5 million dollars to build a neonative intensive care hospital in joplin, missouri devastated two years ago. they also donated $1 million to buy laptop computers for the town's students in joplin, among several gifts given by the uae, a country that works to raise its profile as a pro-western country. >> what they've been doing in joplin is amazing. >>> and mississippi has officially ratified the 13th amendment that abolishes slavery. >> that must have been a heck of a clerical error. what's the luck, seriously, that the clerical error would prevent them from ratifying the 13th amendment, could have been the 23rd. >> they ratified it and forget to send it. >> it was passed in 1864 and not formally ratified by mississippi until 1995 making it the last state to do so. the error was apparently noticed b
economy and focus on pursuing guilty pleas for those who break the law instead of settling for fines and reforms. the lawyers say they're already making changes to their defense strategies. >>> the washingt"washington pos united arab emirates spreading gifts throughout the world. it gave 5 million dollars to build a neonative intensive care hospital in joplin, missouri devastated two years ago. they also donated $1 million to buy laptop computers for the town's students in joplin,...
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Feb 23, 2013
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you could that trickle down to the economy? >> when you talk about small businesses and how they'll be impacted by the sequester cuts you have to kind of take into consideration that there are 20 to 30 million small businesses. so people that are doing work in certain areas, certain regions or certain industries that might be affected by a government cutback, those people will be affected, but if you're a small business owner and the accountant and the lawyer, even, a lot of them aren't going to be seeing a whole lot of effect of any cuts coming out. >> let's take a look at what the white house had to say about that. they say, quote, the automatic cuts triggered by a sequester would reduce loan guarantees to small businesses by up to $102 million. what do you have to say about that effect? >> it could reduce loan guarantees and that's exactly right expect and that depends on small businesses looking for loans. we're still in a credit crunch right now. a lot of the businesses that i know and i write about that a lot of my client
you could that trickle down to the economy? >> when you talk about small businesses and how they'll be impacted by the sequester cuts you have to kind of take into consideration that there are 20 to 30 million small businesses. so people that are doing work in certain areas, certain regions or certain industries that might be affected by a government cutback, those people will be affected, but if you're a small business owner and the accountant and the lawyer, even, a lot of them aren't...
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Feb 21, 2013
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lotteries are part of the state economies and people are doing everything online now. heck, you do it in the middle of the show or on commercial break. i think it hurts businesses and it may hurt casinos if atlantic city and new jersey. people should be able to do whatever they want in their own home. the worry i have is people will start doing this and they will get in big trouble because it may be easier in their home and the states rely on the revenue to keep spending. that is not the way to do it. new york is relying on people to light up and smoke because of the cigarette taxes. not the best way to go about it. >> bob: dana, you are at the track every day betting. >> dana: i am a big gambler. i don't know how you hide it online for the states. there are no boundaries on the state. i'm sure they figure that out. in some ways the legislators need to be for what is going to happen. online gambling is here to stay, so they might as well hop aboard a train. >> greg: i gamble with my day. in the old days you went to vegas, saw show, saw glamour and hired something now.
lotteries are part of the state economies and people are doing everything online now. heck, you do it in the middle of the show or on commercial break. i think it hurts businesses and it may hurt casinos if atlantic city and new jersey. people should be able to do whatever they want in their own home. the worry i have is people will start doing this and they will get in big trouble because it may be easier in their home and the states rely on the revenue to keep spending. that is not the way to...
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Feb 24, 2013
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." >> it's not the amount, the speed at which it's coming out of economy. >> it is. >> if you look -- if you look at the history of this country from '92 to 2000" under president clinton and the largely republican congress, the federal outlay against gdp went down by 4%. we're talking about half a percent here. this is not a big deal, a. b, goldy is very wrong. president obama and the white house were the ones that proposed the sequester in 2011. >> and 174 republicans voted for it. >> why does that matter? why does that matter? >> it does not matter. i'm responding to what goldie said. >> what's your headline? >> my line is "bust." >> this is a punt and it's a complete busted news because in reality they will sit down and punt this thing down the road like they have done so many times. we're talking about an issue that came up almost two years ago now. my headline is "punt." >> as i do frequently on the broadcast i turn to you for some sanity, sir, save us. >> well, that's pretty scary. the point that has been missed is that it's not just the amount of these cuts it's the fact that t
." >> it's not the amount, the speed at which it's coming out of economy. >> it is. >> if you look -- if you look at the history of this country from '92 to 2000" under president clinton and the largely republican congress, the federal outlay against gdp went down by 4%. we're talking about half a percent here. this is not a big deal, a. b, goldy is very wrong. president obama and the white house were the ones that proposed the sequester in 2011. >> and 174...